Newcastle Investment (NCT) Reports Q3 FFO of $0.42
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Newcastle Announces Third Quarter 2016 Results
November 4, 2016 6:00 AM EDTNEW YORK--(BUSINESS WIRE)-- Newcastle Investment Corp. (NYSE:NCT; Newcastle, the Company) today reported the following information for the third quarter ended September 30, 2016.
THIRD QUARTER FINANCIAL HIGHLIGHTS(A)
GAAP Income of $19 million, or $0.28 per basic share Core Earnings of $23 million, or $0.35 per basic share Adjusted Funds from Operations (AFFO) of $28 million, or $0.42 per basic shareTHIRD QUARTER HIGHLIGHTS
Real Estate Debt Portfolio In the quarter, the Company... More